4-Room HDB for Room Rent: 667 Jalan Damai

The valuation of the 4-room HDB unit located in Geylang, with a remaining lease of 69 years, stands at an estimated value of $318,109, translating to $795 PSF. This valuation is well-aligned with the market dynamics, showcasing a market price that reflects a 0% difference from the baseline. Such stability indicates a balanced demand and supply scenario within the Geylang precinct, a region known for its vibrant culture and strategic connectivity.

Our analysis is underpinned by a robust model confidence rating categorized as high, based on insights drawn from 38 recent HDB resale transactions in the vicinity. The consistency in pricing amidst the varying lease durations emphasizes the resilience of the Geylang market. With a remaining lease of 69 years, potential buyers can appreciate not only the intrinsic value of the property but also the long-term investment potential it holds in one of Singapore's most sought-after locales. The current market conditions suggest that this property is positioned favorably for both immediate residential needs and future capital appreciation.